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1. Current Liabilities: These are obligations that are expected to be settled within a year or company's operating cycle, whichever is longer. eg: Accounts payable, ... See More
You're right that the main categories of liabilities can be broken down into three broad types: Current Liabilities, Long-Term Liabilities, and Contingent Liabilitie ... See More
There are three types of Liabilities: 1. Current Liabilities - which are due for payament within 12 months, e.g. bank overdraft 2. Long term liabilities - which are due f ... See More
The three main types of liabilities are: Current Liabilities: These are obligations the company must settle within one year or within its operating cycle, whichever is l ... See More
Contingent LiabilitiesThe three main types of liabilities are: Current Liabilities: These are obligations the company must settle within one year or within its operating ... See More
The different liabilities are: - Account payables - Accrued expenses - Long terl debt - Income tax payables - Pension liabilities
1. Current Liabilities Definition: These are short-term financial obligations that a company is required to pay within one year or within its operating cycle, whichever ... See More
Current Liabilities are those liabilities which is to be set off within the FY such as Accounts payable, Tax Liability and Accrued Expenses etc. Long Term Liabilities are ... See More